Creekside Plaza: Seymour Investment Opportunity

Retail-Commercial for Sale
Catylist Listing ID: 30857986
Property Subtypes: Car Wash, Mixed Use, Retail-Pad, Street Retail, Other
Building Size (RSF): 16,800 SF
Gross Building Area: See Agent
Gross Land Area: 1.36 Acres
Sale Price: $1,900,000
Unit Price: $113.10 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.99%
Last Updated: 12/3/2023

Overview / Comments

Creekside Plaza located at 821 Boyds Creek Highway is a unique investment property in the greater Knoxville area. Due to its use diversity and high occupancy levels, the property offers secure cash flow with upside opportunities. A three-tenant retail center boasting a Mexican restaurant, barbershop, and boutique provides Creekside Plaza with secure long-term tenants. The full-functioning storage facility and car wash provide high-income opportunities. The storage facility is on its way to market rents and should reach its full potential in 2024. The Car Wash has provided stable income and expects increased potential with the addition of a Credit Card payment option. Please contact the agents below for more information on this Investment opportunity.

- 47-Unit Storage Facility
- Car Wash with four regular bays, one large bay
- Four-Unit Retail Front
- Small Office Space
- High Occupancy
- Recognition

Attachments & Media

Additional Details

Nearest MSA: Sevierville
County: Sevier
Tax ID/APN: 078045D B 00200
Property Located Between: Wade Rd and Talon St
Property Visibility: Excellent
Largest Nearby Street: Chapman Highway
Feet of Frontage: 360
Area Description: This investment property is located on one of the primary corridors in Seymour with excellent frontage on Boyds Creek Highway, less than a thirty-minute drive from Downtown Knoxville.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 2004
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,707 17,948 31,894
Median Age: 39.51 40.81 40.27
Households: 639 6,897 12,103


Photograph of Listing Agent

Matthew Strother

SVN I Wood Properties ETNRCRE Member
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